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pending the outcome of the presidential race, a week from now. among insurers, allstate, travelers and chubb corp have the largest market share in sandy's path. corelogic, estimates it includes 284,000 homes worth $88-billion dollars. economists are mixed on whether the storm's impact will affect fourth- quarter g-d-p. mark vitner, senior economist with wells fargo securities says it depends how much is shut down and for how long. mark zandi at moody's analytics says the storm may cause spikes in economic activity--repairing and rebuilding. depsite the storm-- the government is expected to report unemployment numbers for october this friday. phone companies along the east coast are preparing for the likelihood of overtaxed communication infrastructure during hurricane sandy. at&t is fueling up emergency portable generators and disaster recovery trailers to move into affected areas. authorities recommend people use text messaging rather than phoning or internet during large scale disasters. texting uses far less network capacity. several corporations are postponing earnings reports
i cover - allstate, chubb, hartford and travelers - the balance sheets on these guys are actually phenomenally, phenomenally strong. there is definitely some potential downside here, but i wouldn't really see anything probably more than a 5% pullback. if these stocks really are volatile, and get hit later today, then you know what i would do? i would be a buyer. i would watch for option volatility to be enormous. it might be a great time to buy stock, maybe sell some upside calls. > > good to have you on the show this morning. that's scott bauer of trading advantage. don't go anywhere. coming up next, which way will the market move? that's next in chart talk. traders are poised to get back on the job today. one of those traders is dan deming of stutland equities. good morning to you, dan. > > good morning angie. > > what's it been like being off for a couple of trading days here? > > it's kind of a very bizarre extended weekend. we haven't encountered this really going back to, i guess, 9/11, but prior to that it's been probably 20-some years for the market to be closed due to wea
Search Results 0 to 1 of about 2

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